Fiera Infrastructure has acquired 100 percent of the equity interests in Cube District Energy, a premier U.S. landfill gas-to-energy platform, from I Squared Capital. Financial terms were not disclosed.
Cube provides customers with dispatchable renewable power by capturing and repurposing methane emitted by landfills, reducing greenhouse gas emissions and providing an alternative to fossil fuel resources.
The company owns and operates eight assets across the Southeast region of the United States, all under long-term contracts with investment-grade counterparties. One of the facilities supplies electricity, steam and chilled water to a corporate entity, while the other seven assets supply power to premier electric utilities.
“We believe that the company is well positioned, with a strong management and operations team, to expand its current footprint through scale acquisitions and new development, including both landfill gas-to-power and RNG production projects,
